In 2024, Materialise completed a corporate carbon footprint assessment and publicly disclosed its greenhouse gas (GHG) emissions according to the GHG Protocol, covering Scope 1 (direct emissions from owned or controlled sources), Scope 2 (indirect emissions from purchased energy) and Scope 3 (indirect emissions across the value chain).
Materialise has also provided a category-level breakdown for 1 out of 15 Scope 3 emissions categories, offering greater transparency into its value chain emissions.
| Metric (tCO2e) | 2024 | 2023 | 2022 | 2021-2019 |
|---|---|---|---|---|
Total Scope 1 | 1,930a | 1,640a | 1,830a | |
Total Scope 2 | ||||
Unspecified Calculation Method | 210a | 190a | 150a | |
Total Scope 3 | 16,500a | 13,430a | 11,340a | |
Total Scope 1 Revenue Intensity (tCO2e/$M) | 6.9525a | 5.7851a | 7.3983a |
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In 2024, the total operational greenhouse gas (GHG) emissions of Materialise amounted to 2,140 metric tons of CO2 equivalent. This figure includes both direct emissions from owned or controlled sources (Scope 1) and indirect emissions from purchased energy (Scope 2).a
Compared to 2023, the total operational greenhouse gas (GHG) emissions of Materialise increased by 16.94%, suggesting that the company faced challenges in reducing its emissions from its core operations.a
In 2024, the total Scope 1 emissions of Materialise were 1,930 metric tons of CO₂ equivalent (tCO₂e).a
Since 2019, Materialise's Scope 1 emissions have remained relatively, stable, indicating that Materialise's emissions have plateaued with no significant change in its operational footprint.a
Compared to the previous year (2023), Materialise's Scope 1 emissions increased by 17.68%, suggesting that the company faced challenges in reducing emissions from its directly owned or controlled operations.a
In 2024, Materialise reported Scope 2 greenhouse gas (GHG) emissions of 210 tCO₂e without specifying the calculation method.a
Since 2019, Materialise's Scope 2 greenhouse gas (GHG) emissions (Unspecified Calculation Method) have decreased by 95.18%, reflecting a declining long-term trend in Scope 2 emissions over time.a
Compared to the previous year (2023), Materialise's Scope 2 emissions (Unspecified Calculation Method) rose by 10.53% in 2024, suggesting that the company faced challenges in reducing emissions from purchased electricity and energya
In 2024, Materialise reported its Scope 2 emissions using an unspecified methodology.a
In 2024, Materialise reported 16,500 metric tons of CO₂ equivalent (tCO₂e) of Scope 3 greenhouse gas (GHG) emissions, representing indirect emissions across its upstream and downstream value chain.a
The 2024 disclosure of Materialise includes a breakdown across 1 of the 15 Scope 3 categories defined by the GHG Protocol, matching the level of disclosure in 2023, demonstrating consistent Scope 3 emissions reporting coverage year over year.a
In 2024, Materialise reported total Scope 3 emissions of 16,500 metric tons of CO₂ equivalent (tCO₂e).a
Approximately 100% of these emissions originated from upstream activities such as purchased goods and capital goods, while 0% came from downstream activities like product use, distribution, and end-of-life treatment.a
Since 2019, Materialise's Scope 3 emissions have increased by 20.61%, reflecting a rising long-term trend in Scope 3 emissions over time.a
Compared to the previous year (2023), Materialise's Scope 3 emissions increased by 22.86%, suggesting that the company faced challenges in reducing emissions across its value chain.a
In 2024, Materialise reported emissions for 1 out of the 15 Scope 3 categories defined by the GHG Protocol.a
The limited disclosure restricts visibility into specific emission sources across the company's value chain.
In 2024, the largest contributors to Materialise's Scope 3 emissions were:a
In 2024, Materialise reported Scope 1 greenhouse gas (GHG) emissions of 1,930 tCO₂e and total revenues of USD 278 millions. This translates into an emissions intensity of 6.95 tCO₂e per millions USD.a
In 2024, Materialise reported a Scope 1 emissions intensity of 6.95 tCO₂e per millions USD. Compared to the peer group median of 0.17, this places the company above its industry benchmark, indicating it is less carbon-efficient than most competitors.a
In 2024, Materialise ranked 18 out of 17 companies in its industry peer group, based on Scope 1 emissions intensity (measured in tCO₂e per millions USD).a
This places Materialise among the least efficient performers, with one of the highest emissions intensities in its sector.a
In 2024, Materialise reported a total carbon footprint of 18,640 metric tons of CO₂ equivalent (tCO₂e) across Scope 1, Scope 2, and Scope 3 emissions. This represents a 22.15% increase compared to 2023, suggesting a rise in emissions across its operations or value chain.a
The largest contributor to Materialise's total carbon footprint was Scope 3 emissions, accounting for 88.52% of the company's total carbon footprint, followed by Scope 1 emissions at 10.35%.a